New Poll: Tax Reform Should Be Top Priority for Congress

Americans overwhelmingly believe passing a tax reform bill should be a top priority for Congress to help simplify the U.S. tax code, incentivize lending and retirement savings, and grow the economy for all.

New Poll: Tax Reform Should Be Top Priority for Congress

Share This

New Poll: Tax Reform Should Be Top Priority for Congress

WASHINGTON – Americans overwhelmingly believe passing a tax reform bill should be a top priority for Congress to help simplify the U.S. tax code, incentivize lending and retirement savings, and grow the economy for all, according to a new national poll released today by the Financial Services Roundtable (FSR) and conducted by Morning Consult.

“The American people strongly support tax reform to boost economic growth and expand opportunity,” said FSR CEO Tim Pawlenty. “FSR looks forward to working with the Administration and Congress to move tax reform across the finish line.”

Three in four voters (73%) say passing a tax reform bill should be a top or important priority for Congress and nearly nine in ten (87%) say it’s important to simplify the U.S. tax system. A majority of voters say tax objectives such as increasing access to loans and capital (67%) and encouraging public-private partnerships (67%) is a top or important priority. 59% also say small businesses are paying too much in taxes.

The poll also shows great support for tax policies to incentivize retirement savings accounts (80%) and taxing businesses in a way that brings profits back to the U.S. (78%).

As Congress considers measures to pay for a tax reform bill, three in four (74%) say tax reform should treat industries equally.

FSR will discuss more poll details and the importance of tax reform at an event on Wednesday featuring Chief Deputy Whip Patrick McHenry (R-NC), Business Roundtable CEO Joshua Bolten, American Action Forum President Douglas Holtz-Eakin, and FSR CEO Tim Pawlenty.

The poll was conducted by Morning Consult through a national online survey of nearly 2,000 registered voters from October 3-5, 2017. View more poll highlights here.

This poll was conducted by Morning Consult through a national online survey of nearly 2,000 registered voters from October 3-5, 2017.

###

About The Author

The Financial Services Roundtable represents the largest integrated financial services companies providing banking, insurance, payment and investment products and services to the American consumer. Member companies participate through the Chief Executive Officer and other senior executives nominated by the CEO. FSR member companies provide fuel for America’s economic engine, accounting for $92.7 trillion in managed assets, $1.2 trillion in revenue, and 2.3 million jobs.

The vote represents an important step toward improving the regulatory system to meet the needs of American businesses and consumers.

“This industry provides vitally important services to nearly every American – every day. Affordable access to financial services is key to growing the American economy and fueling the American dream.” -Tim Pawlenty, FSR CEO

Financial Services Roundtable is the leading advocacy organization for America’s financial services industry. For updates, sign up below ↓